A company that manufactures ultrasonic wind sensors invested $1.5 million 2 years ago to acquire part-ownership in
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A company that manufactures ultrasonic wind sensors invested $1.5 million 2 years ago to acquire part-ownership in an innovative chip making company. How long will it take from the date of their initial investment for their share of the chip-making company to be worth $6 million, if that company is growing at a rate of 25% per year?
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Jehal Shah
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So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
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